3 Indian firms in race to take over Male airport

Three Indian companies are among the six shortlised to bid for the privatisation of the Male International Airport in Maldives.
The evaluation committee, mandated by the Maldives government, has shortlisted GMR, which operates the new greenfield airport at Hyderabad and is constructing the world's second largest airport in Delhi.
Also in the shortlist is a consortia of Reliance Infrastructure (with the Mexican government-owned Aeropuertos Y Servicios Auxilliares as partner), and GVK Airport Developers Ltd in partnership with Flughafen Zurich AG, which runs the Zurich Airport in Switzerland.
The investment required for the project - which includes operation, maintenance, expansion, rehabilitation and modernisation of the existing airport - may run into several hundred million dollars, said sources.
The other shortlisted players in the fray are Canada's SNC Lavalin International with Vienna Airport (Flughafen Wien AG), TAV Airports Holdings Company of Turkey and Aéroports de Paris Management company of France.
Sources said there were 18 parties interested in bidding for the Male airport. The winner will get a controlling stake in the government-owned Maldives Airport Company Ltd which runs the airport.
05/04/10 PB Jayakumar/Business Standard/Rediff

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Categories: Airports Apr 2010, Foreign Apr 2010